Mr. Frank Basa reports

GRANADA REPORTS ANNUAL GENERAL AND SPECIAL MEETING RESULTS

Granada Gold Mine Inc.'s 2026 annual general and special meeting of shareholders was held today, Wednesday, May 20, 2026, and all resolutions proposed to the shareholders were approved with over 99.04 per cent voting in favour in all categories.

The resolutions approved were as follows:

1. The following individuals were re-elected directors of the company: Frank J. Basa, Matthew Halliday, Maya Basa and Daniel Barrette;
2. McGovern Hurley LLP, chartered accountants, was reappointed as the company's auditor;
3. Approval of the renewal of the company's 10-per-cent rolling share option plan.

The board of directors appointed the following officers of the company for the ensuing year:

• Mr. Basa as president and chief executive officer;
• Heidi Gutte as chief financial officer;
• Tina Whyte as corporate secretary.

Mr. Basa, Mr. Halliday and Mr. Barrette were appointed members of the audit committee for the upcoming year.

About Granada Gold Mine Inc.

Granada Gold Mine continues to develop and explore its 100-per-cent-owned Granada gold property near Rouyn-Noranda, Que., and is adjacent to the prolific Cadillac Break. The company owns 14.73 square kilometres of land in a combination of mining leases and claims. The company is currently undergoing a large drill program, with 20,000 metres out of 120,000 metres complete. The drills are currently paused to provide the technical team with the necessary time to evaluate, assimilate existing data and wait for improved market conditions.

The Granada shear zone and the South shear zone contain, based on historical detailed mapping, as well as from current and historical drilling, up to 22 mineralized structures trending east-west over 5.5 kilometres. Three of these structures were mined historically from four shafts and three open pits. Historical underground grades were eight to 10 grams per tonne gold from two shafts down to 236 metres and 498 metres with open-pit grades from 3.5 to five grams per tonne gold.

The property includes the former Granada gold underground mine, which produced more than 50,000 ounces of gold at 10 grams per tonne gold in the 1930s from two shafts before a fire destroyed the surface buildings. In the 1990s, Granada Resources extracted a bulk sample (pit No. 1) of 87,311 tonnes grading 5.17 grams per tonne gold. They also extracted a bulk sample (pit No. 2) of 22,095 tonnes grading 3.46 grams per tonne gold.

We seek Safe Harbor.